From Wikipedia: "Starting on Thursday, January 18th, 2007 Jamba Juice will have a price increase. Each smoothie, and juice (including wheat grass and matcha shots) will have a 10 cent increase. Stores in the Bay Area and Southern California will have a 15 cent increase. This is caused by the rising prices in the organic fruit that the chain has in their smoothies.
Sadly I only found out when my 13 year old told me. In all serousness this is the tip of the iceberg. We've been freezing our asses off for near a month and only in the last week has the cold spell broken. OJ, fresh friuts, soft vegetables, truck veggies are all going sky high in price. It will be interesting because it will mean 4-6 months of persistently high prices for items overweighted in the BLS CPI. Remember that "volitile food and energy" bit you hear every month? They can't hide this forever. With an economy reeling under ex/im imbalances, auto and housing sector declines and likely employment contraction on the heels of this weeks' huge hit to productivity... You heard about the huge hit to productivity right? It was all the headlines. Oh... you read the economic news that the BLS had finally rectified a reporting gap and added 800,000 jobs to the baseline. Good News! Yeah except it undermines the idea of increased worker productivity and wage growth for typical workers. Same coin, two sides.
18 comments:
N.B. I've been suffering intermittant outages as I'm having some work done on the residential... ummm... err... shack, house whatever you call it. Actually I think it is Time-Warner Cable screwing with the node repeaters again but there may be periods when I'm not here for a bit. Play nice and keep up the good work. - Robert
Casey won't care, as the price increase won't affect him in a relative sense. Remember, every time he buys a Jamba Juice he pays an additional $33 overdraft fee (check his bank statements!). So he won't mind a "mere" 15 cent increase -- after all, what's the difference between $37.85 and $38.00 for a wheat grass shot? :-)
Casey has no real intention of paying off his debts anyway. He's constantly on the lookout for more "Juicy Credit Lines™"...
Benoit - For a second there I thought you were going to say, "everytime Casey buys a Jamba Juice, and angel gets its wings."
No arrest yet, but here's the latest press coverage: Investor's tale of woe winning big audience
Naturally, this came out just as his audience dropped dramatically.
Fuck me harder but I can't believe I'm posting comments about this guy on a Saturday night.
There is a small Jamba Juice outpost on the campus of my university (I just finished a Master's program, I must be a looser for getting an education, but what the hell....).
Overpriced, definitely, but when the only other choice on campus is the really crappy, also overpriced university cafeteria, a JJ can go down quite nicely. But no, I have never had a wheatgrass shot. That stuff just looks disgusting.
Of course this won't affect either of them! They'll continue to go further into debt. He won't care because he has magic fairy dust to save him.
She won't care because, even though some give her credit for being the mastermind, she may not know any better. Think about this. The Babushka is what, 22? Probably a daddy's girl, never had to work a day in her life, can only make Jello, keeps getting pre-approved cc offers in the mail and married a guy that says he takes care of all the finances. She's the antithesis of responsible, clued-in kids like Leigh's.
Don't get me wrong - she's as guilty as he is but does anyone really think she understands about credit scores, how screwed she is, and how she needs to be finding herself a rich Uzbek "uncle" soon?
And while it's easy to do, this can't be blamed on being an immigrant. Plenty of other kids seem to have the same attitude.
Rob Dawg -
The gubmint will just change the CPI basket. Problem solved, it's all good, right?
Sheeesh...and you were worried about inflation. Don't worry, be happy.
rob dawg,
Please, even here in the Land of Make-Believe governement statistics are considered fantasy.
I thought the BLS adjusted the birth-death model to elimiante 175K jobs in January.
bottom line: the actual number of jobs created in january was 290K, but BLS reported job growth as 115K because 175K jobs "disappeared" and went undetected.
hey, I may be a hand puppet with someones fist up my a**, living in a cardboard castle, but I'm more real than the statistics OUR government puts out.
now, I'm off -- managed to wrangle a threesome with lady aberlin and queen wednesday.
Psycho-babble psuedo-science!
Psychology is a bullshit racket like RE seminars. On HBO it was once called 'a racket for the jews to make money' by Tony Soprano's mother, slightly harsh. But Funny. Tony seems to enjoy his sessions.
Of course CS falls for everything under the sun that will separate him from cash and makes him feel good - he's too positive - needs a dose of the old reality medicine.
Rupert,
Not all psych nor all RE instruction is newspeak double talk. Both fields involve work to understand and lots of work to master. The litmus test is that easy; if it doesn't involve work then the results have little value. In this we are particularly blessed by our Maker for he has sent us a prophet. Unlike prophetsof old our newage prophet is guaranteed to point in EVERY direction EXCEPT the correct path.
Backstage & King Friday,
I've bitched about the BLS CPI OER before. Two of my comments from the past areworth revisiting:
http://exurbannation.blogspot.com/search?q=OER
And the comment about the Fed and their inability to reflate specific sectorsisspot on. They got what they wanted; an international flow of funds. now they can't control their creation.
I guess Casey gave up on his "negativity ban." When I checked last night, Jabba the Hut's post was one of five that got through, and today it's number 47. I guess he finally realized that comment count and traffic trumps "positive vibe."
My favorite sycophant of the moment is Jason Shepard at wvbuysell.com. He SOOOOO wants to be Casey's mentor. He's been telling Casey to email him for months, even giving him an ultimatum a while back. He's even more of a suckup than Nigel. What the hell is up with all of these 20-something self-proclaimed RE and wealth experts? Who would listen to them?
Glad to see everyone is waking up feeling fiesty today. I saw Trent's comment about Casey and G buying living room furniture from Macys and heading to Tahoe this weekend. At first I thought he was playing a cruel joke (myspace -sercasey - couldn't find no info on it!), but when I saw the new Macys account on the spreadsheet I had to go get my pitchfork.
I will be backing the cargo van down the driveway and heading across the U.S. in order for the pitchfork and I to have some sweet one on one time with our aspiring celeb. Then me and wifey are going to have a short but sweet wrestling match that will culminate with me shaving her head and tattoing "LOOSER" on her forehead with a rusty nail.
I invite all the ladies reading this who have waited what seemed like half a freakin lifetime to afford new living room furniture to join me. May the witchhunt begin!
jjfp,
I'd put the upper limit for the attitude you describe at mid thirties. Depending on when they became aware of "the way things work" they don't know any better than what's been happening in the US credit markets since the tech meltdown. Just like the Fed actions then to reflate the tech bubble spilled over into housing, today we see the M3 going into the stock market rather than where they want it. When will they learn that monetary tricks only work once as expected and when they try twice all the smart money gets out of the way.
"I invite all the ladies reading this who have waited what seemed like half a freakin lifetime to afford new living room furniture to join me. May the witchhunt begin!"
Stop by and pick me up. Those two asshats don't even have a living room, WTF do they need furniture for?
Casey should have been arrested months ago. Why the F he is allowed to roam free and keep scamming for more people for more money is beyond me.
Sometimes I'm not sure what pisses me off more. Casey and his lazy ass scamming ways, or the fact that our legal system is so inept and slow to prosecute....I am beginning to fear they may never bother going after him.
Does anyone else feel this way?
As for the living room furniture -- our newest piece is about 6 years old, the rest is 7-10 years old. 95% from IKEA.
@dumbfounded -- this is real life, not a TV movie. Real life is messy and slow, and loose ends don't always get tied up nice and neatly.
It's possible that Casey may never see the inside a courtroom. Face it, he really is somewhat small potatoes compared to the frauds we read about getting prosecuted. Yes, he lied on his loans and took cash back at closing in what might not be a legal way, but as far as we know, he didn't do it with an organized group (ie no crooked appraiser, Realtor, etc), he didn't steal anybody's identity, and after his initial spree he has not been able to continue his behavior. Technically, what he did is prosecutable, I completely agree, but as has been thoroughly covered over at Ben's blog and elsewhere -- this stuff has been happening every day all over the country for a couple of years. The pile of people to prosecute is potentially very high. Casey may or may not make the cut into the "file charges" pile.
He is thoroughly screwed and will be for a very long time -- but I think the odds of his screwing involving a jail cell are actually on the low side. I could be wrong, of course. I'm told his site has gotten a lot of hits from various state and federal agencies, and that people have been filing complaints against him in order to try to stir the beast into action. It could happen. But if it does, their timelines aren't ours. As I said above, this isn't an episode of "Law & Order".
Ogg feel flamey.
Ok, this fucking pisses me off. All of my living-cave furniture except for a pair of bookcases was bought used during my starving student days. I chose a brown plaid couch that looks like it got lost on the way to a filming of the Brady Bunch because it was the only thing at the used furniture store without tears, stains, or smells. I'm saving for new furniture, and it's going to take time because that shit's expensive and I have other things to spend money on too. Meanwhile, those people get free furniture because they don't see the need to ever pay their bills.
Well, it's free until the bill collectors come knocking. Is it possible to seize property for an unpaid debt in California? If so, I can just see Cashcall walking out with the new furniture.
BTW, what the fuck do those missed miscarraiges need with living room furniture? They don't even have a bloody living room!
This is actually starting to get under my skin. I'm going to go bash my head against the cave wall for a bit.
Post a Comment